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Saia Inc - SAIA STOCK NEWS

Welcome to our dedicated page for Saia news (Ticker: SAIA), a resource for investors and traders seeking the latest updates and insights on Saia stock.

Overview of Saia Inc

Saia Inc is a prominent freight transportation company renowned for its comprehensive less-than-truckload (LTL), expedited, and non-asset truckload services. Operating within an expansive logistics network, the company utilizes time-definite freight solutions and state-of-the-art fleet management to support a diverse range of shipping needs. As a trusted entity in the transportation sector, Saia provides reliable and efficient freight services that emphasize consistent delivery and operational excellence.

Core Business and Operational Model

At its core, Saia Inc offers specialized transportation services that address the varying needs of shippers across the nation. The company distinguishes itself by ensuring shipments ranging across multiple weight categories are delivered on time and intact. Its business model is built on a robust network of strategically located terminals, supported by a modern fleet of semi-trucks and trailers that integrate cutting-edge technology and advanced safety systems.

Network and Infrastructure

The company maintains a broad network of terminals and facilities across numerous states, offering localized access to national freight solutions. This infrastructure not only augments its operational efficiency but also reinforces its market presence. The extensive terminal network enables Saia to offer expedited freight options, ensuring that service commitments are met even in challenging delivery environments.

Fleet Management and Safety

Saia’s fleet is characterized by its modern and well-maintained trucks that incorporate the latest in transportation technology. The company’s commitment to safety and innovation is evident in its adoption of advanced safety protocols and continuous monitoring systems. This approach not only ensures the secure transit of goods but also underscores the company’s dedication to operational reliability and industry best practices.

Market Position and Competitive Landscape

Positioned among the top-tier providers of LTL transportation services, Saia Inc competes in a dynamic market where reliability, efficiency, and customer service are paramount. The company’s ability to offer both standard and expedited freight services allows it to cater to diverse client needs, thereby solidifying its reputation within the logistics industry. Through investments in technology and a consistent focus on enhancing terminal networks, Saia differentiates itself from its competitors by delivering quality service and maintaining a strong safety record.

Operational Excellence and Service Flexibility

Strategically designed to address the complexities of freight transportation, Saia’s operational model is underpinned by flexibility and responsiveness. The company’s offerings include time-definite and expedited shipping services that are essential for managing shipments with varied priorities. By continually upgrading its infrastructure and fleet, Saia adapts to evolving market demands while ensuring that its logistics services remain robust and dependable.

Industry Insights and Strategic Value

Understanding the nuances of the transportation market is vital for grasping Saia Inc's strategic value. The company leverages its operational scale and service diversity to manage the intricacies of LTL freight, positioning itself as a reliable partner for business-to-business shipping. The integration of advanced technological solutions across its operations enhances service efficiency and safety, reinforcing Saia’s commitment to maintaining industry standards. Investors and stakeholders can appreciate the structured approach Saia employs in synchronizing its fleet management, terminal network, and customer service initiatives to consistently deliver superior freight transportation services.

Overall, Saia Inc epitomizes an operational model that balances scale with service precision. Its comprehensive freight solutions, extensive network, and focus on safety and innovation render it an essential entity within the U.S. logistics and transportation landscape. The company continues to support shippers nationwide through dependable freight movement, constant refinement of its transportation services, and integration of strategic logistics innovations.

News
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Saia Inc. (NASDAQ: SAIA) has announced the retirement of Paul Peck, Executive Vice President of Operations, effective July 1. Peck, who has had a 44-year career with Saia, will assist in the transition to his successor, Patrick Sugar, currently Vice President of Linehaul and Industrial Engineering, effective March 31. Peck has played a key role in Saia's growth into a $1.8 billion national carrier since joining in 1977. Sugar, with experience in engineering and operations, is expected to enhance the company's operational success.

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Saia, Inc. (Nasdaq: SAIA) reported Q4 2020 earnings with diluted EPS at $1.51, up from $0.81 in Q4 2019. Revenue rose 7.5% to $476.5 million. The company's operating income increased by 84.6% to $50.6 million, resulting in a favorable operating ratio of 89.4, compared to 93.8 a year earlier. Full-year 2020 revenue was $1.8 billion, a 2.0% rise. Saia anticipates continued profitability efforts and plans to open a new terminal in Q1 2021 while addressing inflationary cost pressures.

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Saia, Inc. (NASDAQ: SAIA) will release its quarterly financial results on February 8, 2021, before market open. Management will hold a conference call at 10:00 a.m. ET to discuss the results. Interested participants can join the call by dialing 800-437-2398 or 323-289-6576, using conference ID #1022163. A live webcast will also be available on the Saia website, with a replay offered until March 8, 2021. Saia operates 169 terminals across 44 states, providing a variety of transportation services.

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Saia Inc. (NASDAQ: SAIA) has been awarded the title of 'National LTL Carrier of the Year' by Johnson Controls. This honor recognizes Saia's exceptional performance across key indicators such as claims ratio and sustainability, particularly during challenging market conditions. Saia's commitment to quality service was highlighted by Johnson Controls, which emphasized the importance of reliable freight providers for their success. With over 10,500 employees and 169 terminals nationwide, Saia continues to demonstrate its dedication to superior customer service.

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Saia, Inc. (NASDAQ: SAIA) reported significant growth in its LTL (less-than-truckload) operations for October and November 2020. In October, LTL shipments per workday rose by 3.3%, and tonnage per workday increased by 5.7%. The average weight per shipment also climbed 2.4% to 1,316 pounds. November saw further gains, with shipments up 4.4% and tonnage up 7.3%, while average weight per shipment rose 2.8% to 1,341 pounds. Despite these positive metrics, actual results may deviate due to various risk factors outlined in SEC filings.

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Saia, Inc. (Nasdaq: SAIA) reported Q3 2020 financial results, showing a 2.7% revenue increase to $481.4 million and 21.7% rise in operating income to $55.2 million. Diluted EPS rose to $1.56 from $1.25 YoY. The operating ratio improved to 88.5 from 90.3. Key growth drivers included a 5.5% increase in yield and efficient operations amid challenging conditions. Total debt decreased to $120.9 million with a net debt to total capital ratio of 9.4% compared to 17.3% last year. Capital expenditures for 2020 are expected around $225 million.

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Saia Inc. has opened a new, significantly larger cross-dock facility in Memphis, Tennessee, which is 60% larger than its previous terminal. The new facility features a 200-door configuration, state-of-the-art construction, and energy-efficient design, along with an eight-bay maintenance area and high-speed fueling station. The investment aims to enhance operational efficiency and accommodate future growth, reflecting Saia's commitment to its longstanding markets. This marks the third relocation in recent months, following expansions in Texas and Nevada.

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Saia, Inc. (NASDAQ: SAIA) is set to release its quarterly financial results on October 29, 2020, before the market opens. The management will hold a conference call at 10:00 a.m. Eastern Time to discuss these results. Interested participants can join by dialing 800-353-6461 or 334-323-0501, using conference ID #2095005. The call will also be available via a live webcast on the company’s website. A replay can be accessed two hours post-call until November 26.

Saia operates 169 terminals across 44 states, providing a range of logistics services.

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Saia subsidiary LinkEx has been recognized as a 2020 SmartWay High Performer by the EPA, highlighting its commitment to sustainable freight solutions. Only 11 logistics companies received this recognition, with less than 5% of SmartWay partners qualifying. LinkEx has been a part of the SmartWay program since 2006 and was awarded the SmartWay Excellence Award in 2018. The company focuses on reducing its environmental impact while addressing customer logistics challenges through innovative and efficient solutions.

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Saia, Inc. (NASDAQ: SAIA) reported its LTL shipment and tonnage data for July and August 2020. In July, LTL shipments per workday rose by 1.5%, while tonnage per workday fell by 2.7% and the average weight per shipment dropped by 4.1%, reaching 1,267 pounds. August saw a slight decline in shipments per workday of 0.1%, but tonnage increased by 0.5%, alongside a 0.6% rise in average weight per shipment to 1,297 pounds. The company cautions that future results may vary significantly due to various risk factors detailed in their SEC filings.

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FAQ

What is the current stock price of Saia (SAIA)?

The current stock price of Saia (SAIA) is $354.77 as of April 1, 2025.

What is the market cap of Saia (SAIA)?

The market cap of Saia (SAIA) is approximately 9.5B.

What is the core business of Saia Inc?

Saia Inc specializes in less-than-truckload (LTL), expedited, and non-asset truckload transportation services. It focuses on providing time-definite freight solutions to meet diverse shipping requirements.

How does Saia maintain its operational efficiency?

The company operates an extensive network of terminals across multiple regions, coupled with a modern fleet and advanced safety protocols. This integrated approach enables reliable and timely freight movement.

What sets Saia Inc apart in the transportation industry?

Saia differentiates itself through its comprehensive service offerings, commitment to safety, and use of technology to enhance fleet management. Its strategic network and diverse freight solutions make it a noteworthy player in the market.

How does Saia Inc ensure the safety of its freight operations?

Saia employs advanced safety systems and strict operational protocols across its well-maintained fleet. The company’s focus on effective safety management reflects its commitment to secure and reliable freight transportation.

In which market segments does Saia Inc operate?

The company serves various segments including LTL freight, expedited shipping, and non-asset truckload services. Its solutions cater to customers ranging from small enterprises to large businesses requiring reliable logistics support.

How does Saia Inc adapt to changing market demands?

Saia continuously refines its operational infrastructure and integrates innovative technologies to handle evolving customer needs. Its dynamic approach includes updating its terminal network and fleet to sustain reliable service.

What role does technology play in Saia Inc's operations?

Technology is central to Saia's operational strategy, enhancing fleet management, logistics scheduling, and safety monitoring. These technological integrations ensure that freight services are both efficient and secure.

How does Saia Inc compare to its competitors?

Saia maintains a competitive edge through its comprehensive network, sophisticated fleet management, and dedicated focus on safety and innovation. While competing in a dynamic market, the company’s diverse service offerings are tailored to meet varied shipping demands.
Saia Inc

Nasdaq:SAIA

SAIA Rankings

SAIA Stock Data

9.49B
26.57M
0.2%
115.25%
6.56%
Trucking
Trucking (no Local)
Link
United States
JOHNS CREEK